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1.0 - 6.0 years
2 - 4 Lacs
Bengaluru
Work from Office
Roles and Responsibilities Manage agent/IMD recruitment process, including identifying potential agents and training them on motor insurance products. Develop and execute strategies to increase sales performance of existing agents through cross-selling opportunities. Build strong relationships with retail agencies to expand distribution channels and drive business growth. Conduct regular performance reviews with agents to identify areas for improvement and provide coaching/training as needed. Analyze market trends and competitor activity to stay ahead in the competitive general insurance landscape. Desired Candidate Profile 1-8 years of experience in General Insurance Sales , Broking or any field sales Strong understanding of Motor insurance products and services. Proven track record in agent recruitment, development, and management. Excellent communication, negotiation, and leadership skills. Regards Chaitra R 9844755540
Posted 3 weeks ago
5.0 - 10.0 years
6 - 8 Lacs
Nimbahera, Kotputli, Bandikui,Kotputli
Work from Office
Key Responsibilities: 1. Sales and Business Development: Target Achievement: Develop and execute comprehensive sales plans to achieve and exceed assigned branch revenue targets (e.g., Adjusted First Year Premium (AFYP), Number of Policies (NOP), product mix). Strategy Formulation: Formulate and implement effective sales strategies for various life insurance products and distribution channels (e.g., Agency, Bancassurance, Direct Sales, etc.). Market Penetration: Identify and capitalize on market opportunities to expand the customer base and increase product penetration within the assigned territory. Lead Management: Oversee the effective management, tracking, and conversion of leads, including those provided by central telemarketing units. Joint Field Work: Conduct joint field work with sales executives to observe, demonstrate, and coach successful selling skills. Competitive Analysis: Stay updated on market trends, competitor products, and industry best practices to adapt strategies accordingly. 2. Team Leadership and Management: Recruitment & Selection: Identify, interview, and select qualified sales executives/advisors with support from HR. Training & Development: Train, motivate, mentor, and coach the sales team to enhance their product knowledge, selling skills, compliance adherence, and overall performance. Performance Management: Conduct regular performance reviews (e.g., Fortnightly Performance Review - PRP) with executives, provide constructive feedback, and develop performance improvement plans for underperforming team members. Team Productivity: Monitor and drive key productivity measures for the unit, such as premium per executive, case rate, persistency, retention, and a high percentage of executives exceeding planned productivity standards. Succession Planning: Identify and develop potential leaders within the branch for higher-level roles. Team Engagement: Foster a positive and high-performance work environment, promoting teamwork and collaboration. 3. Operations and Compliance: Branch Operations: Oversee the daily operations of the branch, ensuring smooth functioning and efficient processes. Compliance: Ensure strict adherence to all company policies, procedures, ethical guidelines, and regulatory requirements (e.g., IRDAI regulations, KYC norms, PMLA, etc.). Quality Assurance: Ensure that all sales activities and customer interactions align with the company's standards for need-based selling and customer service. Reporting & Analysis: Prepare and analyze performance reports, identify areas for improvement, and provide actionable insights to senior management. Complaint Resolution: Handle customer queries and complaints promptly and effectively, ensuring high levels of customer satisfaction. Financial Management: Monitor the branch's financial performance, including budgeting, forecasting, and managing resources efficiently. 4. Customer Relationship Management: Customer Service: Ensure high levels of customer satisfaction through excellent service, timely responses to queries, and proactive support. Relationship Building: Build and maintain strong, long-term relationships with key clients and stakeholders. Retention: Focus on retaining the allocated book of relations for the branch.
Posted 1 month ago
1.0 - 6.0 years
2 - 5 Lacs
Kolkata
Work from Office
Roles and Responsibilities Manage agent/IMD recruitment process, including identifying potential agents and training them on motor insurance products. Develop and execute strategies to increase sales performance of existing agents through cross-selling opportunities. Build strong relationships with retail agencies to expand distribution channels and drive business growth. Conduct regular performance reviews with agents to identify areas for improvement and provide coaching/training as needed. Analyze market trends and competitor activity to stay ahead in the competitive general insurance landscape. Desired Candidate Profile 1-6 years of experience in General Insurance Sales or related field (Agency Channel). Strong understanding of Motor insurance products and services. Proven track record in agent recruitment, development, and management. Excellent communication, negotiation, and leadership skills.
Posted 1 month ago
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